A tool to prioritize data collection
Data Analysis Tool to Assess Value of Information for Decision Making (DATAVOID)
DATAVOID provides value of information (VoI) analysis to support decision makers so they can assess and understand the relationships between the data they already have, decisions that they need to make and costs and benefits of acquiring additional information to make better decisions.
“Information is difficult to obtain and time is limited, so analysts must quickly prioritize which information to gather for Commanders to make informed decisions. Our automated DATAVOID tool supports this complex decision making. DATAVOID determines the value of information for all gatherable data and provides tailored recommendations to analysts and Commanders on what data to procure.”
Scientist at Charles River and Principal Investigator on DATAVOID
DATAVOID leverages a suite of multi-criteria decision analysis (MCDA) and artificial intelligence (AI) approaches to compute the value of information as it relates to selecting the best course of action. Our tool provides decision makers with prioritized information collection plans that reduce uncertainty and maximize mission success.
This material is based upon work supported by the US Army Corps of Engineers, Engineer Research and Development Center under Contract No. W912HZ-19-C-0050. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the US Army Corps of Engineers, Engineer Research and Development Center.